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3 years ago

What is the main purpose of performance appraisals and why do appraisal programs fail?

Business

1 answer:

lora16 [44]3 years ago

5 0

The main purpose as well as the cause of the failure of performance appraisal process is as described below-

Explanation:

Appraisal refers to the process (mostly formal) to evaluate the productivity of the manpower of an organisation. It serves for administrative as well as developmental purpose.

Performance appraisal serves three important purpose-

Providing adequate feedback to employees based on his/her performance.
It can help in modifying employee behaviour and thus contributing to an effective workspace environment.
Providing qualitative parameters to higher-order authority through which they can adjudge their subordinates.

However, appraisals occasionally fail in their motive due to following reasons-

Appraisals are prone to biases prevailing in the work environment. Moreover, the neutrality of the rating authority is also often under the scanner.
The appraisals are often inflicted by sampling error. The conclusion of few cannot be generalised on all.
Appraisals don’t take into account the variability of the employee's performance, Rather it relies on the end performance and the start.

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Hines Cosmetic Co. sold beauty preparations nationally to beauty shops at a standard or fixed- price schedule. Some of the shops

klemol [59]

Answer:

No, Hines is not guilty of unlawful price descrimination

Explanation:

Hines actions has not meet the criteria for price discrimination which include giving different prices based on gender, race or religion and never prevented the resale of product and the product package for sale never indicated the inclusion of free demonstrator and free advertising material.

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3 years ago

Which structure is used to supply customers (often other MNEs) in a coordinated and consistent way across various countries

Juli2301 [7.4K]

Answer:

Global account structure.

Explanation:

Global account structure can be regarded as structure that enables the account that has been globally standardised or having compatible products as well as services in various locations at internationally level. Global Account Management enables Global account managers to navigate along with their teams the internal as well as external challenges. It should be noted that structure used to supply customers (often other MNEs) in a coordinated and consistent way across various countries is Global account structure.

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3 years ago

Which of the following best explains why resources need to be allocated in the game of economic? A) Natural resources are often

Sladkaya [172]

Answer:

The best explanation for the need to allocate resources in the game of economics is that:

C) There are not enough resources to produce all of the goods and services that everyone wants.

Explanation:

In economics, it has been established that human needs are insatiable and that the resources to meet the needs are not readily and sufficiently available. This is the bedrock of Economics. It is the reason that Economics is studied as a separate course. Scarcity and needs are important concepts in human interactions. Therefore, the ability to allocate scarce resources to enable the production of goods and services is key to human development.

3 0

2 years ago

Union Local School District has bonds outstanding with a coupon rate of 4.9 percent paid semiannually and 20 years to maturity.

RUDIKE [14]

Answer:

Ans. Price of the bond is $9,250.57

Explanation:

Hi, first we need to establish the semi-annual coupon of the bond and the semi-annual discount rate (YTM semi-annually)

Coupon=10000*(4.9%/2)= $245

To turn the annaul YTM to semi-annual, we have to use the following equation

$YTM(semi-annual)=(1+YTM)^{\frac{1}{2} } -1$

$YTM(semi-annual)=(1+0.056)^{\frac{1}{2} } -1=0.0276$

After all this, we are ready to find the price, here is the math of this.

$Price=\frac{245((1+0.0276)^{39}-1) }{0.0276(1+0.0276)^{39} } +\frac{(245+10000)}{(1+0.0276)^{40} } =9250.57$

Best of luck.

4 0

3 years ago

The ___ is a government agency that protects consumers from dangerous or falsely advertised products.

saveliy_v [14]

The Food and Drug Administration (FDA). The FDA ensures the safety and effectiveness of a wide range of consumer products from medicines and cosmetics to food and medical devices.

8 0

3 years ago